GOLDMAN SACHS GROUP INC (GS) SEC Filings, Aug 24, 2026

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp., is offering Medium-Term Notes, Series F linked to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index with an aggregate face amount of $1,000,000. The notes pay a contingent monthly coupon of $8.375 per $1,000 (0.8375% monthly, up to 10.05% per annum) only if on each observation date every index is at or above 70% of its initial level.

The notes may be automatically called starting August 20, 2027 if each index is at or above its initial level, in which case investors receive $1,000 per note plus the applicable coupon. If not called, at maturity in 2031 investors receive full principal back only if every index is at or above 60% of its initial level; otherwise repayment equals $1,000 multiplied by the return of the worst-performing index, and investors can lose their entire investment. The initial estimated value is less than the 100% issue price, the notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor, and they will not be listed on any exchange.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp., is issuing $11,080,000 of Autocallable Contingent Coupon Index-Linked Notes due February 25, 2030, guaranteed by The Goldman Sachs Group, Inc. The notes are linked to the Russell 2000®, S&P 500®, EURO STOXX 50® and Nikkei 225 indices.

Investors may receive a $10.625 coupon per $1,000 (1.0625% monthly, up to 12.75% per annum) on monthly observation dates if the closing level of each index is at least 70% of its initial level; otherwise the coupon for that month is $0. Starting in November 2026, the notes are automatically called if on any call observation date all indices are at or above their initial levels, returning principal plus that month’s coupon.

If not called, the maturity payoff depends on the least-performing index. Principal is fully returned (plus any final coupon) if every index is at least 70% of its initial level, and principal only (no coupon) if each is between 65% and 70%. Below 65% on any index, repayment is reduced using a 35% buffer and a buffer rate of approximately 153.85%, and investors can lose up to their entire investment. The notes are unsecured obligations of GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., with an issue price of 100% of face, a 0.2% underwriting discount and 99.8% net proceeds to the issuer.

Goldman Sachs Group Inc. (GS), as guarantor of GS Finance Corp., is issuing Medium-Term Notes, Series F linked to the Nasdaq-100 Index, the S&P 500 Index and the VanEck Gold Miners ETF, in an aggregate $500,000 face amount under a pricing supplement dated August 20, 2026.

The notes pay a contingent monthly coupon of $16.459 per $1,000 (1.6459% monthly, up to about 19.75% per year) only if on each observation date all three underliers are at or above 75% of their initial levels. Principal protection is conditional: at maturity in August 2030, if any underlier is below 60% of its initial level, the payoff is reduced one-for-one with the worst performer and investors may lose up to 100% of principal. If all underliers stay at or above the 60% trigger buffer, investors receive full face amount.

GS Finance Corp. may redeem the notes early at par plus any due coupon on any coupon payment date from August 2027 through July 2030. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and Goldman Sachs Group Inc., are not bank deposits or FDIC insured, and their estimated value at pricing is less than the 100% issue price due to underwriting discounts, hedging and structuring costs.

Goldman Sachs Group Inc. (GS), via GS Finance Corp., is offering auto-callable, index-linked notes due August 25, 2032 that pay no interest and are fully exposed to issuer and guarantor credit risk. The notes are linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER, a leveraged (up to 500%) futures-based index with a 40% volatility target and a fixed 6% per annum decrement deducted daily.

The notes are issued at 100% of face amount in $1,000 denominations (aggregate face amount $1,694,000) with a 1.25% underwriting discount and estimated value of about $947 per $1,000 on the trade date. If on any of 20 scheduled call observation dates from August 2027 onward the index closing level is at or above the initial level of 528.20, the notes are automatically redeemed at $1,000 plus a call premium (starting at 30.5% and stepping up to 175.375% of face).

If the notes are never called, the maturity payoff depends on index performance. If the final index level is at or above the initial level, holders receive the maximum settlement amount of $2,830 per $1,000 (a 183% maturity premium). If the index declines by up to 50%, principal is returned. If it falls more than 50%, repayment is reduced 1:1 with the index loss, down to zero, so investors can lose their entire investment. The issuer highlights additional risks from leverage, the daily decrement, complex signal-based index rules, potential negative roll yields in futures, model-based secondary pricing, and uncertain tax treatment.

GOLDMAN SACHS GROUP INC (GS), via GS Finance Corp as issuer and Goldman Sachs Group as guarantor, is offering S&P 500® Index-linked notes due on or about August 30, 2029. The notes pay no interest and repayment of principal is not protected.

At maturity, for each $1,000 face amount, investors receive $1,000 plus a performance-based amount. If the S&P 500® return from the August 26, 2026 trade date to the determination date is positive, the gain is multiplied by an 87% participation rate. If the index return is zero or negative, the loss is multiplied by a 50% buffer rate, so a large index decline can produce substantial principal loss, down to $500 per $1,000 face amount if the index falls to zero.

The estimated value at pricing is expected to be $925–$955 per $1,000, below the 100% issue price, reflecting fees, hedging and structuring costs. Payments depend on GS Finance Corp’s and Goldman Sachs Group’s credit, and the notes will not be listed; any secondary market making by Goldman Sachs & Co. LLC is discretionary.

Goldman Sachs Group, Inc. (GS), through GS Finance Corp., is offering Medium-Term Notes, Series F, equity index-linked and principal-at-risk, tied to the lowest performing of the S&P 500, Dow Jones Industrial Average, Nasdaq‑100 and EURO STOXX 50 indices, maturing September 9, 2027.

Each security has a $1,000 face amount, no interest and no dividends. At maturity, if the lowest-performing index is above its starting level, investors receive $1,000 plus 100% of its gain, capped by a maximum return of at least 33.50% (minimum maturity amount $1,335). If the index decline is within a 20% buffer (ending level at or above 80% of start), investors receive $1,000. Below the 80% threshold, losses are 1‑for‑1 beyond the buffer, with investors exposed to losing up to 80% of principal.

The original offering price is $1,000 per security, with an underwriting discount up to 2.325%, yielding issuer proceeds of $976.75 per security. The estimated value on the pricing date is between $925 and $955 per $1,000, reflecting model-based pricing and offering costs. Payments are unsecured and subject to the credit risk of GS Finance Corp. and its parent guarantor.

GOLDMAN SACHS GROUP INC (GS), through GS Finance Corp, is offering callable contingent coupon equity-linked notes due 2029, linked to the common stocks of Advanced Micro Devices, Broadcom and NVIDIA. The notes are fully and unconditionally guaranteed by GOLDMAN SACHS GROUP INC under its Medium-Term Notes, Series F program.

Investors receive a contingent monthly coupon of $18.584 per $1,000 face amount when, on a coupon observation date, the closing level of each underlier is at or above 60% of its initial level (the coupon trigger level). The same 60% level is the trigger buffer level for principal: at maturity, if the notes have not been redeemed and the final level of every underlier is at or above 60% of its initial level, the cash payment per $1,000 will be $1,000 plus any final coupon.

If, at maturity, any underlier finishes below its trigger buffer level, the cash settlement amount is $1,000 plus $1,000 times the lesser performing underlier return, so repayment is directly reduced by the worst stock’s percentage loss and can fall to zero, resulting in a total loss of principal. GS Finance Corp may, at its option, redeem the notes in whole (but not in part) on specified quarterly coupon payment dates from March 4, 2027 through June 1, 2029 by paying $1,000 per $1,000 face amount plus any due coupon. The notes are unsecured obligations subject to the credit risk of GS Finance Corp and the guarantee of GOLDMAN SACHS GROUP INC, will not be listed, may trade at values below issue price, and the estimated value at pricing will be lower than the original issue price.

Goldman Sachs Group Inc. (GS), via issuer GS Finance Corp., is offering autocallable S&P 500 Index-linked senior notes due 2029 under its Medium-Term Notes, Series F program, fully and unconditionally guaranteed by Goldman Sachs Group Inc. The notes are linked to the S&P 500 Index and pay no periodic interest.

Each note has a $1,000 face amount. If on the September 29, 2028 call observation date the S&P 500 closing level is at or above the initial level, the notes are automatically redeemed on October 6, 2028 for at least 110% of face ($1,100 per $1,000). If not called, at maturity on October 9, 2029 investors receive $1,000 plus 110% of any positive index return, and $1,000 if the index is flat or down, subject to issuer and guarantor credit risk.

Key risks disclosed include the notes’ estimated value being lower than the issue price, potential illiquidity and market value sensitivity to rates, volatility and Goldman Sachs’ credit, and the absence of any dividends or shareholder rights. For U.S. tax purposes the notes are treated as contingent payment debt instruments, requiring accrual of ordinary income based on a comparable yield before any cash is received and ordinary income treatment on gain.

Goldman Sachs Group Inc. (GS), through GS Finance Corp. as issuer and Goldman Sachs Group Inc. as guarantor, is offering unsecured, index-linked, auto-callable notes whose payoff depends on the Class A common stock of the index stock issuer (Space Exploration Technologies Corp.). The notes are expected to be issued on August 27, 2026 and mature on August 26, 2027, unless automatically called.

The initial index stock price is $136.97, with a 60% coupon trigger and “trigger buffer” level. On each quarterly coupon observation date (expected November 23, 2026; February 22, 2027; May 21, 2027; August 23, 2027), if the stock closes at or above 60% of the initial price, holders receive an accumulated step-up coupon of $72.5 per $1,000 face amount for each observation met, net of prior coupons; otherwise the coupon is zero.

The notes auto-call in whole if, on any call observation date from November 2026 through May 2027, the stock closes at or above the initial price, returning $1,000 per $1,000 face amount plus the due coupon. If not called, and at maturity the stock is at or above 60% of the initial price, investors receive $1,000 plus any final coupon; if below 60%, principal is reduced one-for-one with the stock’s percentage loss, and no coupon is paid, so up to 100% of principal can be lost. The estimated value on the trade date is $960–$990 per $1,000 face amount, below the 100% issue price, and payments are subject to the credit risk of GS Finance Corp. and Goldman Sachs Group Inc.